72 Reynolds Street, Killingly, CT

$535,000

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8

Beds

5

Baths

6,504

Square feet

0.27

Acres

About 72 Reynolds Street

Welcome to 72 Reynolds Street, a remarkable investment opportunity in the heart of Danielson. This well-maintained 5-unit property spans 4,400 square feet over three levels, featuring an ideal mix of three two-bedroom and two large one-bedroom units. Fully rented with month-to-month tenants, and currently boasting a current Net Operating Income (NOI) of $46,471 with a projected increase to $72,871, this property combines strong financials with efficient amenities, including separate utilities for each unit, in-street natural gas, and public sewer and water services. Managed by a locally based, family-run operation, this turnkey opportunity offers both immediate income potential and long-term growth in a burgeoning market, making it an attractive proposition for investors seeking a solid entry into the Danielson real estate scene.

Features of 72 Reynolds Street

MLS® # 170616312
Price $535,000
Bedrooms 8
Bathrooms 5.00
Full Baths 5
Square Footage 6,504
Acres 0.27
Year Built 1900
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Other
Status Under Contract

Community Information

Address 72 Reynolds Street
Area Danielson
City Killingly
County Windham
State CT
Zip Code 06239

Amenities

Parking Spaces 10
Parking Off Street Parking
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Natural Gas
Cooling None
Fireplace No

Exterior

Exterior Vinyl Siding
Lot Description N/A
Roof Asphalt Shingle
Foundation Stone

School Information

Elementary Killingly Memorial
High Killingly

Additional Information

Date Listed December 28th, 2023
Days on Market 126
Zoning BRHD
RE / Bank Owned No

Listing Details

OfficeRE/MAX Bell Park Realty

Listing Map

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